In only a few weeks the posts I’ve read have gone mostly from “I have a high risk tolerance so I’m 100% stocks” to now a lot more “how much should I allocate to bonds” and also “how much Ex-US should I have allocated?” I guess this crazy bull run has made people forget how scary the market can get, and it’s not even scary right now.
I’m certainly not an expert but I do know that you need to have a plan that you can stick with whether markets are soaring, crashing, or something in between and then rebalance on a set schedule to “sell high and buy low”.
I don’t know what will happen this year or next and really I don’t care. I’ll be buying low cost ETF’s every month so if prices are going up, great my values are increasing. If they’re tanking, great I’m buying more shares per dollar. The worst thing you can do is exit the market completely out of fear IMO. Just have a well thought out diversified plan and then “stay the course”.